Sanmina Stock Today

SANM Stock  USD 79.41  0.74  0.94%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Sanmina is selling at 79.41 as of the 30th of November 2024; that is 0.94% increase since the beginning of the trading day. The stock's lowest day price was 78.41. Sanmina has a very small chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Sanmina are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Technology Hardware & Equipment
IPO Date
14th of April 1993
Category
Technology
Classification
Information Technology
Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. Sanmina Corporation was founded in 1980 and is headquartered in San Jose, California. Sanmina Corp operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. The company has 54.65 M outstanding shares of which 1.36 M shares are at this time shorted by private and institutional investors with about 2.92 trading days to cover. More on Sanmina

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Sanmina Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Founder, Chairman and CEOJure Sola
Business ConcentrationElectronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Electronic Equipment, Instruments & Components, Electronic Components, Technology (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.831.6052
Fairly Up
Slightly volatile
Gross Profit Margin0.08320.0846
Fairly Down
Slightly volatile
Total Current Liabilities1.3 B1.8 B
Way Down
Slightly volatile
Non Current Liabilities Total877.9 M520.7 M
Way Up
Pretty Stable
Total Assets3.7 B4.7 B
Significantly Down
Slightly volatile
Total Current Assets2.5 B3.8 B
Way Down
Slightly volatile
Total Cash From Operating Activities229.4 M340.2 M
Way Down
Slightly volatile
Debt Levels
Sanmina can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Sanmina's financial leverage. It provides some insight into what part of Sanmina's total assets is financed by creditors.
Liquidity
Sanmina currently holds 317.32 M in liabilities with Debt to Equity (D/E) ratio of 0.21, which may suggest the company is not taking enough advantage from borrowing. Sanmina has a current ratio of 1.55, which is within standard range for the sector. Note, when we think about Sanmina's use of debt, we should always consider it together with its cash and equity.

Depreciation

108.9 Million
Sanmina (SANM) is traded on NASDAQ Exchange in USA. It is located in 2700 North First Street, San Jose, CA, United States, 95134 and employs 13 people. Sanmina is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.3 B. Sanmina conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 54.65 M outstanding shares of which 1.36 M shares are at this time shorted by private and institutional investors with about 2.92 trading days to cover. Sanmina currently holds about 493.3 M in cash with 340.22 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.53.
Check Sanmina Probability Of Bankruptcy
Ownership Allocation
Sanmina shows a total of 54.65 Million outstanding shares. The majority of Sanmina outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Sanmina to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Sanmina. Please pay attention to any change in the institutional holdings of Sanmina as this could imply that something significant has changed or is about to change at the company. Also note that roughly six hundred six thousand five hundred seventy-seven invesors are currently shorting Sanmina expressing very little confidence in its future performance.
Check Sanmina Ownership Details

Sanmina Stock Institutional Holders

InstituionRecorded OnShares
D. E. Shaw & Co Lp2024-09-30
963.5 K
Frontier Capital Management Co Inc2024-09-30
914.5 K
American Century Companies Inc2024-09-30
862.2 K
Global Alpha Capital Management Ltd.2024-06-30
772.8 K
Goldman Sachs Group Inc2024-06-30
755.8 K
Northern Trust Corp2024-09-30
739.6 K
Nuveen Asset Management, Llc2024-06-30
697.9 K
Norges Bank2024-06-30
659.6 K
Charles Schwab Investment Management Inc2024-09-30
606.7 K
Blackrock Inc2024-06-30
9.7 M
Vanguard Group Inc2024-09-30
7.5 M
View Sanmina Diagnostics

Sanmina Historical Income Statement

At this time, Sanmina's Non Recurring is very stable compared to the past year. As of the 30th of November 2024, Interest Income is likely to grow to about 13.1 M, while Total Revenue is likely to drop about 6.2 B. View More Fundamentals

Sanmina Stock Against Markets

Sanmina Corporate Management

Alan ReidExecutive VP of Global HRProfile
Vishnu VenkateshSenior TransformationProfile
Paige MelchingSenior CommunicationsProfile
Kurt AdzemaEx CFOProfile
When determining whether Sanmina is a strong investment it is important to analyze Sanmina's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sanmina's future performance. For an informed investment choice regarding Sanmina Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sanmina. If investors know Sanmina will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sanmina listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.05
Earnings Share
3.91
Revenue Per Share
136.141
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0451
The market value of Sanmina is measured differently than its book value, which is the value of Sanmina that is recorded on the company's balance sheet. Investors also form their own opinion of Sanmina's value that differs from its market value or its book value, called intrinsic value, which is Sanmina's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sanmina's market value can be influenced by many factors that don't directly affect Sanmina's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sanmina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanmina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanmina's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.